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Saving in BTC to secure my future

avatar of @nirvana3003
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@nirvana3003
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2 min read

I am not one to give advice, everyone is free to make their own decisions when they see fit, precisely one of the most important decisions of my life was to start saving in BTC 6 years ago and keep those funds in my own wallet, away from platforms and third parties.

Knowing the process of deterioration of fiat currencies (as a Venezuelan we know very well the uselessness of the bolivar) whose main result is inflation and uncontrolled massification of debt (euro, dollar and yen) obviously when I reach the current age of my parents my pension would be used kitty litter of how devalued it is.

On the other hand, it is evident that this Fiat model (money backed only by the confidence in the country that issues it) is destined to collapse, because this uncontrolled process of continuous money and debt issuance will only end with a great economic atomic bomb type disaster, whoever is not prepared runs the risk of appearing so simple, so cruel.

Realizing then that the pension system of most countries in the world (especially the developed ones) is based on a vulgar Ponzi scheme, where the effort of three active workers is required to pay the pension of one retiree, a system that is designed in this way is obviously destined to total collapse as the young population decreases and the old population increases.

In this sense, I decided to dedicate part of my income in Fiat to transfer it to savings in BTC, month after month, in a disciplined manner, satoshis will be deposited in my private wallet with the destination of a golden retirement. Perhaps it is a very risky bet given that until recently the great experts of the economy assured that this cryptocurrency was a scam (and now they themselves are going after our satoshis like hungry dogs), however the future is unpredictable, I cannot be sure if my decision was the right one, but so far everything indicates that my vision was the right one.

Beyond the volatility of the BTC price, the truth is that its decentralized and finite quality makes it free from human control, therefore free from corrupt management like the rotten Fiat system or the vast majority of altcoins, which evidently attracts more and more people to adopt this cryptocurrency as a way to value their savings and future.

Posted Using LeoFinance Beta